Mah Sing RM520mil GDV land deal done


KUALA LUMPUR: Mah Sing Group Bhd has completed the acquisition of the land in Rawang that has an estimated gross development value of approximately RM520mil.

“The board of directors wishes to announce that the RM68.66mil transaction has been completed,” the company said in a filing with Bursa Malaysia. In August 2013, Mah Sing’s wholly-owned unit, Mediterranean View Development Sdn Bhd has proposed to acquire 39.13ha of prime land in Rawang for the development of M Residence 3. – Bernama

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Business , Property , Mah Sing Group , property

   

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